GRESCO AS

3260 LARVIK

Finances

Return on Equity

1,91 %

Current Ratio

34,77

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	102 000	80 000	90 000	60 000
Net Income	47 000	432 000	244 000	328 000
Total Assets	2 490 000	2 438 000	3 511 000	3 268 000
Total Equity	2 460 000	2 413 000	3 481 000	3 237 000

Income (NOK)	2022	2021	2020	2019
Revenue	102 000	80 000	90 000	60 000
Expenditure	41 000	36 000	33 000	24 000
Operating Profit	61 000	44 000	57 000	36 000
Financial Income	0	400 000	201 000	303 000
Financial Costs	0	0	0	0
Financial Balance	0	400 000	201 000	303 000
Earnings Before Tax	61 000	444 000	259 000	339 000
Tax	14 000	12 000	15 000	11 000
Net Income	47 000	432 000	244 000	328 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 413 000	1 413 000	1 413 000	1 413 000
Total Current Assets	1 078 000	1 025 000	2 098 000	1 856 000
Total Assets	2 490 000	2 438 000	3 511 000	3 268 000
Total Retained Equity	1 660 000	1 613 000	2 681 000	2 437 000
Total Equity	2 460 000	2 413 000	3 481 000	3 237 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	31 000	25 000	30 000	31 000
Total Equity and Debt	2 490 000	2 438 000	3 511 000	3 268 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	102 000	80 000	90 000	60 000
Other Income	0	0	0	0
Revenue	102 000	80 000	90 000	60 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	41 000	36 000	33 000	24 000
Operating Profit	61 000	44 000	57 000	36 000
Financial Income	0	400 000	201 000	303 000
Financial Costs	0	0	0	0
Financial Balance	0	400 000	201 000	303 000
Dividends	0	1 500 000	0	0
Net Income	47 000	432 000	244 000	328 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	1 413 000	1 413 000	1 413 000	1 413 000
Total Fixed Assets	1 413 000	1 413 000	1 413 000	1 413 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 076 000	1 025 000	2 098 000	1 856 000
Total Current Assets	1 078 000	1 025 000	2 098 000	1 856 000
Total Assets	2 490 000	2 438 000	3 511 000	3 268 000
Total Equity	2 460 000	2 413 000	3 481 000	3 237 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	16 000	12 000	15 000	10 000
Dividends	0	1 500 000	0	0
Other Current Debt	0	0	0	10 000
Total Current Debt	31 000	25 000	30 000	31 000
Total Equity and Debt	2 490 000	2 438 000	3 511 000	3 268 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,91 %	17,9 %	7,01 %	10,13 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	59,8 %	55 %	63,33 %	60 %
Current Ratio	34,77	41	69,93	59,87
Quick Ratio	34,77	41	69,93	59,87
Equity Ratio	0,99	0,99	0,99	0,99
Gross Profit Margin	100 %	100 %	100 %	100 %